Electricity security is vital to well-functioning, modern economies. Digital technologies, communication infrastructures and industrial processes all depend on reliable and efficient electricity systems. However, these systems face a number of ongoing challenges as countries transition to low-carbon electricity. Governments are increasingly concerned about the security of electricity supply. Specifically, they question the ability of existing market design and regulatory frameworks to continue to deliver reliable and efficient electricity supply in a timely manner.
The IEA “Electricity Security Action Plan” (ESAP) was endorsed by ministers from IEA member countries at the 2011 Ministerial meeting. In line with similar challenges in many IEA member countries, this work has focused primarily on electricity security challenges during the critical transition to a low-carbon energy system.
Beginning under Japan’s 2016 Group of Seven (G7) Presidency, the IEA is also responsible for preparing analyses for the G7 on enhancing electricity security, which will lead to broader G7 dialogue on the issue.
See also Saving Electricity in a Hurry; Energy Policies of IEA Countries: Belgium 2016 Review; Energy Policies of IEA Countries: The United States 2014 Review; Energy Policies of IEA Countries: The European Union 2014 Review